Invesco Transforms a Fund's H1 Shares
Invesco [profile] has approved of a plan of recapitalization to which Class H1 shares of the Invesco Global Markets Strategy Fund will convert into Class Y shares.The recapitalization is expected to occur on or about August 28. [SEC Filing]...
MutualFundWire.com -
Friday, August 09, 2013

The first fund that was filed was West Shore Real Asset Income Fund, which will seek a combination of capital growth and current income. West Shore Group, LLC serves as investment adviser to the Fund, and Steve Cordasco, Michael Shamosh, and James G. Rickards serve as PMs.

The second fund that was filed was the Larkin Point Equity Preservation Fund. The fund's investment objective is that it seeks capital preservation and capital appreciation. The fund will be managed by Larkin Point Investment Advisors LLC and PMed by Michael Winchell and Charlie H.C. Hon.

The last fund to be filed is the Redwood Managed Volatility Fund, with the goal of total return. The fund will be advised by Redwood Investment Management and PMed by Michael Messinger and Bruce DeLaurentis. [SEC Filing I]. [SEC Filing II]. [SEC Filing III]...
MutualFundWire.com -
Friday, August 09, 2013

Hennessy's FBR Deal Bolsters Earnings
Hennessy Advisors announced third quarter earnings, which reflect the benefits of its FBR acquisition. Hennessy chats with MFWire on appetite for M&A...
MutualFundWire.com -
Friday, August 09, 2013

Tremko Has Two New Positions to Fill at USI
The insurance brokerage's retirement and investment services chief searches for an account manager and a producer as he ponders acquisitions...
401kWire.com -
Friday, August 09, 2013

Android and the iPhone Add Pru
The retirement plan provider makes a tool available to the general public, and offers a new tool to intermediaries...
401kWire.com -
Tuesday, August 09, 2011
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Reader Rating:4.6

New York Life's Kim Will Add Another Hat
The former head of Pru Retirement who became CEO of New York Life Investments will add another title at yearend...
401kWire.com -
Monday, August 09, 2010
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Reader Rating:5

Market Worry Spreads to Asset Managers
There was a sell off of money manager stocks late this afternoon, as sub-prime worries continue to drag the market lower...
MutualFundWire.com -
Thursday, August 09, 2007
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Reader Rating:3.17

A New Sales Investment for Diversified
The Empire State provider and advisory firm hires a new vice president to lead half its sales team, after the retirement of a veteran...
401kWire.com -
Wednesday, August 09, 2006

New Book Tackles Pension Reform Legislation
Less than a week after the Senate sent the pension reform bill to President Bush, CCH, a Riverwoods, Illinois-based information services company, has launched a book that zeroes in on the legislation...
401kWire.com -
Wednesday, August 09, 2006

Matrix Is 22c-2 Ready
The Denver-based firm says it's prepared to help customers comply with the requirements of the rule...
401kWire.com -
Wednesday, August 09, 2006
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Reader Rating:3.5

Wellington's Growth Forces Hartford Changes
Wellington's success is causing changes at The Hartford. The insurer is building its own investment capabilities for funds in response to Wellington Management's message that it has filled its capacity to manage equities. Wellington is currently the subadvisor for a number of Hartford's mutual funds...
MutualFundWire.com -
Wednesday, August 09, 2006
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Reader Rating:3.5

Commerce Capital Markets Seeks New Yorker
The brokerage arm of Commerce Bank is looking to hire scores of advisors and a New York metro market president to watch over them...
MutualFundWire.com -
Wednesday, August 09, 2006

Thornburg Goes Global
Thornburg chief Brian McMahon likes to point out that the fund firm has "always done things a little differently." That description now applies to the firm's newest equity fund, says the Thornburg president and chief investment officer...
MutualFundWire.com -
Wednesday, August 09, 2006

A Golden Opportunity at Golden Rule?
Health Savings Accounts (or HSAs) hold out the promise of a 401(k)-like distribution avenue for the fund industry. Until now, though, that channel has remained theoretical as few if any plan administrators have allowed participants to invest their funds. That may be starting to change. This week, for example, United Healthcare affiliate Golden Rule Insurance Company took the wraps off an HSA product that offers participants the choice of eight mutual funds as investments...
MutualFundWire.com -
Wednesday, August 09, 2006
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Reader Rating:3.5

MS Offers Second Hedge Fund
The new fund is an answer to growing demand from institutional investors, says Michael Kiley...
MutualFundWire.com -
Wednesday, August 09, 2006

Scottrade Readies Three More Branches
The discount broker has named the branch managers for two of the new locations as it builds its network out to 275 offices...
MutualFundWire.com -
Wednesday, August 09, 2006

Vice Gets New Advice
The Vice Fund and the Generation Wave Growth Fund both have a new sub-advisor. The funds' advisor, Mutual Advisors, said that registered investment advisor GNI Capital Inc. has been named sub-advisor to both funds, with the blessing of the funds' shareholders and trustees...
MutualFundWire.com -
Wednesday, August 09, 2006

E Trade Buys Fund Firm
Just one day after E*Trade Financial announced that it was acquiring the domestic operations of Harrisdirect, the discount brokerage is at it again, this time with a famed Fidelity watchdog .....
MutualFundWire.com -
Tuesday, August 09, 2005
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Reader Rating:3

Plan Keeps on Ticking with NYLIM
The largest watchmaker in the U.S. taps a new provider for its defined contribution plan based in Connecticut...
401kWire.com -
Monday, August 09, 2004
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Reader Rating:4

Web Tool Quickens Fund Sheet Making
A number of fund firms are considering adopting a new service that promises to let them turn fund sheets around more quickly...
MutualFundWire.com -
Friday, August 09, 2002

Hancock Adds e401k Distribution
Web-based recordkeeping platforms may not provide significant assets in the near term, but Hancock is willing to make the bet.
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401kWire.com -
Thursday, August 09, 2001
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Reader Rating:3

Former MetLife Exec Joins 401Konnect
The Palo Alto startup has filled two senior sales posts as it builds it business development team for its Web-based 401k marketplace...
401kWire.com -
Wednesday, August 09, 2000
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Reader Rating:3

Fidelity Allies with CPA
The Boston Behemoth is eyeing accountants as a path to grow its back office business. ..
MutualFundWire.com -
Wednesday, August 09, 2000
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Reader Rating:3

AXA Advisors Adds Morningstar
AXA will offer Morningstar's new ProWeb product as a tool for its 7,400 advisors. Meanwhile, Morningstar will also offer a 401(k) selection tool through its advisor site...
MutualFundWire.com -
Wednesday, August 09, 2000
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Reader Rating:3

Will Janus Lose its Vision?
Jim Craig, the architect of Janus' investment process, will leave the firm in September. His duties will be taken over by a committee...
MutualFundWire.com -
Wednesday, August 09, 2000
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Reader Rating:3

Reserve Ramps Up Retail Efforts
Reserve Funds recently hired a new director of marketing and now is also planning to expand its sales force in the next few weeks, in an effort to grow retail sales...
MutualFundWire.com -
Monday, August 09, 1999
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Reader Rating:3

Fresh 401k Advice
Westlake Village, California-based Dole Food Co. (Nasdaq: DOL) is serving up a new 401(k) service to its employees. 401k Forum announced it has signed up Dole Food as a new client and will be advising them on retirement planning. Dole has about 1,890 participants and $104 million in assets, according to The Money Market Directory...
401kWire.com -
Monday, August 09, 1999
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Reader Rating:3

Oakmark Adds Redemption Fee
Oakmark is throwing in the towel in its quest to keep market timers out of its funds and adding redemption fees instead...
MutualFundWire.com -
Monday, August 09, 1999
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Reader Rating:3

SSB Chooses First Data
Salomon Smith Barney and SSB Citi Asset Management announced that First Data Investor Services Group will be providing full recordkeeping and administrative services for (k) Choice -- a 401(k) program for small to mid-sized companies...
401kWire.com -
Monday, August 09, 1999
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Reader Rating:3